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FAF trustees seek comments on PCC

  • FAF (US Financial Accounting Foundation)  Image
  • PCC (Private Company Council) (mid blue) Image

Feb 27, 2015

The FAF board of trustees has released a request for comment on whether the PCC, which was established in May 2012, is accomplishing its objectives.

The request for comment solicits stakeholders’ views on potential improvements to the PCC, including:

  • Continuing “to establish working groups for select FASB projects.”
  • Creating “a consistent and continuous feedback mechanism” between the FASB and PCC with respect to active FASB projects.
  • Continuing to provide feedback on projects on the active FASB agenda.
  • Participating with the FASB in outreach with private-company stakeholders.

Comments are due by May 11, 2015.

For more information, see the press release and request for comment on the FASB’s Web site.

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